Previous month:
July 2008
Next month:
November 2008

The Dip: Knowing when to quit (and when to stick)

The Dip Blog Seth Godin has written a great little book on "The Dip" that teaches us all when to quit and when to stick it out.  The economy has made things harder for most business owners and/or sales professionals and it seems there are quite a few of us in this dip wondering what we need to do. 

Here's a quick overview from Godin himself on the "The Dip"...

The old saying is wrong-winners do quit, and quitters do win.

Every new project (or job, or hobby, or company) starts out exciting and fun. Then it gets harder and less fun, until it hits a low point-really hard, and not much fun at all.

And then you find yourself asking if the goal is even worth the hassle. Maybe you're in a Dip-a temporary setback that will get better if you keep pushing. But maybe it's really a Cul-de-Sac, which will never get better, no matter how hard you try.

What really sets superstars apart from everyone else is the ability to escape dead ends quickly, while staying focused and motivated when it really counts.

Winners quit fast, quit often, and quit without guilt-until they commit to beating the right Dip for the right reasons. In fact, winners seek out the Dip. They realize that the bigger the barrier, the bigger the reward for getting past it. If you can become number one in your niche, you'll get more than your fair share of profits, glory, and long-term security.

Losers, on the other hand, fall into two basic traps. Either they fail to stick out the Dip-they get to the moment of truth and then give up-or they never even find the right Dip to conquer.

Whether you're a graphic designer, a sales rep, an athlete, or an aspiring CEO, this fun little book will help you figure out if you're in a Dip that's worthy of your time, effort, and talents. If you are, The Dip will inspire you to hang tough. If not, it will help you find the courage to quit-so you can be number one at something else.

I hope you enjoy this quick read as much as I did.  Remember, simplicity always lies just beyond complexity.  Stay persistent and keep trying new things to realize your dreams.  Simple times will return soon.